Why data mining become so important in todays business world


Assignment: Data Mining Applications

Read the following reference:

• Joseph, M. V. (2013). Significance of Data Warehousing and Data Mining in Business Applications. International Journal of Soft Computing and Engineering (IJSCE), 3(1). ISSN: 2231-2307.

Respond to the following:

• Explain why data mining has become so important in today's business world.

• In the above article, the authors listed application areas of data mining technologies in business, which include government, finance, banking, and marketing. Please identify one application area and conduct research on the Internet to find out how data mining is being studied and applied in these areas. Remember to put your own thoughts and opinions on these business application

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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